Frayser is a neighborhood on the north side of Memphis, Tennessee, United States. It is named after Memphis physician Dr. J Frayser, who owned a summer home near the railroad. Frayser's boundaries are the Wolf River to the south, the Mississippi River to the west, the Loosahatchie River to the north, and ICRR tracks to the east. The population of Fra…Frayser is a neighborhood on the north side of Memphis, Tennessee, United States. It is named after Memphis physician Dr. J Frayser, who owned a summer home near the railroad. Frayser's boundaries are the Wolf River to the south, the Mississippi River to the west, the Loosahatchie River to the north, and ICRR tracks to the east. The population of Frayser is approximately 45,000.